According to the Global Report on Food Crises 2022 mid-year update, the number of acutely food-insecure people reached a new peak (more than 200 million people). The situation has worsened particularly in Africa due to the compounding impact of high food prices, weather extremes and conflicts/insecurity.
Notwithstanding a fifth consecutive monthly decline in world food commodity prices, influenced by increased availability from ongoing harvests and the resumption of exports from Ukraine’s Black Sea ports (FAO), prices of wheat and corn remain 50% higher than 30 months ago (World Bank) and the FAO Food Price Index stands at 7.9% above its value a year before (FAO).
On a longer-term perspective, the OECD-FAO Agricultural Outlook report foresees that food consumption will not increase sufficiently to meet SDG 2 on Zero Hunger by 2030. The Outlook projections also suggest that greenhouse gas emissions (GHGEs) from agriculture will continue to increase, influenced by a growing share of animal products in the diet of people in middle-income countries.